Government take
Term · Oil and gas · MLC-T-OAG-001720
The total revenue collected by a host government from oil and gas operations within its jurisdiction. This includes royalties, taxes, bonuses, and state participation in production sharing agreements. The government take can vary significantly depending on the fiscal regime and the profitability of the project.
| Identifier | MLC-T-OAG-001720 |
|---|---|
| Field | Oil and gas |
| Subject | Oil and Gas Business |
Record as JSON
{
"id": "MLC-T-OAG-001720",
"term": "Government take",
"field": "Oil and gas",
"definition": "The total revenue collected by a host government from oil and gas operations within its jurisdiction. This includes royalties, taxes, bonuses, and state participation in production sharing agreements. The government take can vary significantly depending on the fiscal regime and the profitability of the project.",
"subject": "Oil and Gas Business",
"url": "https://mlchart.com/terminology/oil-and-gas/government-take/"
}
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